Mark Bacon

Mr. Bacon has served as the chief construction officer of our sponsor, its subsidiaries, and its
predecessors since December 2005.

Mr. Bacon is responsible for the implementation of all construction, renovation, and capital
expenditure projects across all divisions of the sponsor and its affiliates. Mr. Bacon has served on our
advisor’s investment committee since August 2016.

Since joining the Procaccianti Companies in 1985, Mr. Bacon has managed the renovation of all of our sponsor’s hotel properties as well as numerous commercial, residential, and condominium projects. Over the past 25 years, in addition to his construction responsibilities, he has served in all facets of the sponsor’s company including residential, commercial, and industrial property management, and also as a regional hotel director.

Mr. Bacon graduated from University of Rhode Island in Kingston, Rhode Island with a bachelor’s
degree in industrial engineering.

Procaccianti Hotel REIT, Inc. (PROC) has a limited operating history. An investment in PROC is speculative. Please consult the prospectus for additional risks.

We can provide no guarantee that we will achieve our investment objectives or be able to acquire a diversified portfolio.

NOT AN OFFER TO SELL SECURITIES.

None of the Securities and Exchange Commission, the Attorney General of the State of New York nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is unlawful.

The material on this website does not constitute an offer to sell, nor a solicitation of an offer to buy, the securities described herein. Such an offering is made only by means of a prospectus. The prospectus must be read in order to understand fully all of the implications and risks of any offering of securities to which it relates.

FORWARD LOOKING STATEMENTS

This website contains forward-looking statements within the meaning of federal securities laws and regulations relating to the business and financial outlook of Procaccianti
Hotel REIT, Inc. that are based on management's current expectations, estimates, forecasts and projections and are not guarantees of future performance. These forward-looking statements are identified by their use of terms and phrases such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “should,” “will” and other similar terms and phrases, including references to assumptions and forecasts of future results. Actual results may differ materially from those expressed in these forward-looking statements. You should not place undue reliance on any such statements. A number of important factors could cause actual results to differ materially from the forward-looking statements contained in this website. Forward-looking statements in this website speak only as of the date on which such statements were made, and
Procaccianti Hotel REIT, Inc. undertakes no obligation to update any such statements that may become untrue because of subsequent events.